Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly).
If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them.
Company Profile
Raj Television Network Limited is an India-based entertainment content company. The Company’s first channel, RAJTV, is a Tamil satellite channel. The Company broadcasts 13 channels in various southern languages. Its flagship television channel, Raj TV, is a general entertainment channel. It caters its content across different formats and platforms, such as fiction and reality shows for television, movies, music, digital, plays and live events. It has built a content library of approximately 100,000+ hours reaching over various viewers globally. It has a footprint across approximately 172 countries with a portfolio of channels catering to the Indian and south Asian diaspora, as well as local audiences of the 12 channels in the international markets, one channel is dedicated to non-Indian audiences, which offers entertainment content in their native languages. Its network covers United States, Europe, Middle East, North Africa, Afghanistan and Pakistan, Africa, and Asia-Pacific regions.
RATV - Raj Television Network Ltd
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